Michael_A._Hitt,_R._Duane_Ireland,_Robert_E._Hosk

(Kiana) #1

Chapter 5: Competitive Rivalry and Competitive Dynamics 169


Management, 39: 76–109; J. Anand,
L. F. Mesquita, & R. S. Vassolo, 2009, The
dynamics of multimarket competition
in exploration and exploitation activities,
Academy of Management Journal, 52:
802–821.


  1. S. P. L. Fourne, J. J. P. Jansen, & T. J. M. Mom,
    2014, Strategic agility in MNEs: Managing
    tensions to capture opportunities across
    emerging and established markets,
    California Management Review, 56(3): 1–26.

  2. W. Kang, B. Bayus, & S. Balasubramanian,
    2010, The strategic effects of multimarket
    contact: Mutual forbearance and
    competitive response in the personal
    computer industry, Journal of Marketing
    Research, 47: 415–427.

  3. V. Bilotkach, 2011, Multimarket
    contact and intensity of competition:
    Evidence from an airline merger, Review of
    Industrial Organization, 38: 95–115;
    H. R. Greve, 2008, Multimarket contact and
    sales growth: Evidence from insurance,
    Strategic Management Journal, 29: 229–249;
    J. Gimeno, 1999, Reciprocal threats in
    multimarket rivalry: Staking out “spheres
    of influence” in the U.S. airline industry,
    Strategic Management Journal, 20: 101–128.

  4. M. Liu, 2015, Davids against goliaths?
    Collective identities and the market
    success of peripheral organizations during
    resource partitioning, Organization Science,
    in press; L. A. Costa, K. Cool, & I. Dierickx,
    2013, The competitive implications of the
    deployment of unique resources, Strategic
    Management Journal, 34: 445–463; Chen,
    Competitor analysis, 107.

  5. P. J. Patel, S. A. Fernhaber, P. P. McDougal-
    Covin, & R. P. Van Der Have, 2014, Beating
    competitors to international markets:
    The value of geographically balanced
    networks for innovation, Strategic
    Management Journal, 35: 691–711;
    J. Haleblian, G. McNamara, K. Kolev, &
    B. J. Dykes, 2012, Exploring firm
    characteristics that differentiate leaders
    from followers in industry merger waves:
    A competitive dynamics perspective,
    Strategic Management Journal, 33:
    1037–1052; Chen, Competitor analysis, 110.

  6. K.-Y. Hsieh, W. Tsai, & M.-J. Chen, 2015, If
    they can do it, why not us? Competitors
    reference points for justifying escalation
    of commitment, Academy of Management
    Journal, 58: 38–58; C. Flammer, 2013,
    Corporate social responsibility and
    shareholder reaction: The environmental
    awareness of investors, Academy of
    Management Journal, 56: 758–781.

  7. B. Larraneta, S. A. Zahra, & J. L. Galan,
    2014, Strategic repertoire variety and new
    venture growth: The moderating effects
    of origin and industry dynamism, Strategic
    Management Journal, 35: 761–772; J. Tang &
    B. S.-C. Liu, 2012, Strategic alignment and
    foreign entry performance: A holistic
    approach of the impact of entry timing,
    mode and location, Business and Systems


Research, 6: 456–478; R. S. Livengood &
R. K. Reger, 2010, That’s our turf! Identity
domains and competitive dynamics,
Academy of Management Review, 35: 48–66.


  1. S. D. Singh, 2015, Caterpillar faces
    ‘aggressive’ Komatsu fueled by yen, Yahoo,
    finance.yahoo.com, March 23; B. Tita, 2013,
    Caterpillar expected to cut 2013 forecasts,
    Wall Street Journal, http://www.wsj.com, April 21.

  2. A. Compagni, V. Mele, & D. Ravasi, 2015,
    How early implementations influence later
    adoptions of innovation: Social positioning
    and skill reproduction in the diffusion of
    robotic surgery, Academy of Management
    Journal, 58: 242–278; S. H. Park & D. Zhou,
    2005, Firm heterogeneity and competitive
    dynamics in alliance formation, Academy of
    Management Review, 30: 531–554.

  3. T.-J. A. Peng, S. Pike, J. C.-H. Yang, & G. Roos,
    2012, Is cooperation with competitors a
    good idea? An example in practice, British
    Journal of Management, 23: 532–560; Chen,
    Competitor analysis, 113.

  4. L.-H. Lin, 2014, Subsidiary performance:
    The contingency of the multinational
    corporation’s strategy, European
    Management Journal, 32: 928–937; C.
    Williams & S. Lee, 2011, Entrepreneurial
    contexts and knowledge coordination
    within the multinational corporation,
    Journal of World Business, 46: 253–264;
    M. Leiblein & T. Madsen, 2009, Unbundling
    competitive heterogeneity: Incentive
    structures and capability influences
    on technological innovation, Strategic
    Management Journal, 30: 711–735.

  5. R. Makadok, 2010, The interaction effect of
    rivalry restraint and competitive advantage
    on profit: Why the whole is less than the
    sum of the parts, Management Science, 56:
    356–372.

  6. C. M. Grimm & K. G. Smith, 1997, Strategy
    as Action: Industry Rivalry and Coordination,
    Cincinnati: South-Western Publishing
    Co., 125.

  7. H. Brea-Solis, R. Casadesus-Masanell, &
    E. Grifell-Tatje, 2015, Business model
    evaluation: Quantifying Walmart’s sources
    of advantage, Strategic Entrepreneurship
    Journal, 9: 12–33.

  8. M. A. Cusumano, S. J. Kahl, & F. F. Suarez,
    2015, Services, industry evolution and the
    competitive strategies of product firms,
    Strategic Management Journal, 36: 559–575;
    J. Alcacer, C. L. Dezso, & M. Zhao, 2013, Firm
    rivalry, knowledge accumulation, and MNE
    location choices, Journal of International
    Business Studies, 44: 504–520.

  9. G. Gavetti, 2012, Perspective—Toward a
    behavioral theory of strategy, Organization
    Science, 23: 267–285; B. L. Connelly, L.
    Tihanyi, S. T. Certo, & M. A. Hitt, 2010,
    Marching to the beat of different
    drummers: The influence of institutional
    owners on competitive actions, Academy of
    Management Journal, 53: 723–742.

  10. T. B. Lee, 2013, Here’s why Microsoft
    is buying Nokia’s phone business,


Washington Post, http://www.washingtonpost.
com, September 3; 2011, Nokia and
Microsoft announce plans for a broad
strategic partnership to build a new global
mobile ecosystem, Microsoft Home Page,
http://www.microsoft.com, February 10.


  1. J. Schumpeter, 1934, The Theory of Economic
    Development, Cambridge, MA: Harvard
    University Press.

  2. N. Argyres, L. Bigelow, & J. A. Nickersoon,
    2015, Dominant designs, innovation
    schocks and the follower’s dilemma,
    Strategic Management Journal, 36: 216–234;
    S. Bakker, H. van Lente, & M. T. H. Meeus,
    2012, Dominance in the prototyping
    phase—The case of hydrogen passenger
    cars, Research Policy, 41: 871–883.

  3. C. B. Bingham, N. R. Furr, & K. M. Eisenhardt,
    2014, The opportunity paradox, MIT
    Sloan Management Review, 56(1): 29–39;
    L. Sleuwaegen & J. Onkelinx, 2014,
    International commitment, post-entry
    growth and survival of international new
    ventures, Journal of Business Venturing, 29:
    106–120; F. F. Suarez & G. Lanzolla, 2007, The
    role of environmental dynamics in building
    a first mover advantage theory, Academy of
    Management Review, 32: 377–392.

  4. G. M. McNamara, J. Haleblian, & B. J. Dykes,
    2008, The performance implications of
    participating in an acquisition wave:
    Early mover advantages, bandwagon
    effects, and the moderating influence
    of industry characteristics and acquirer
    tactics, Academy of Management Journal,
    51, 113–130.

  5. R. K. Sinha & C. H. Noble, 2008, The
    adoption of radical manufacturing
    technologies and firm survival, Strategic
    Management Journal, 29: 943–962;
    D. P. Forbes, 2005, Managerial
    determinants of decision speed in new
    ventures, Strategic Management Journal,
    26: 355–366.

  6. H. R. Greve, 2009, Bigger and safer: The
    diffusion of competitive advantage,
    Strategic Management Journal, 30: 1–23;
    W. T. Robinson & S. Min, 2002, Is the first to
    market the first to fail? Empirical evidence
    for industrial goods businesses, Journal of
    Marketing Research, 39: 120–128.

  7. J. C. Short & G. T. Payne, 2008, First-movers
    and performance: Timing is everything,
    Academy of Management Review, 33:
    267–270.

  8. E. de Oliveira & W. B. Werther, Jr., 2013,
    Resilience: Continuous renewal of
    competitive advantages, Business Horizons,
    56: 333–342.

  9. A. Hawk, G. Pacheco-De-Almeida, &
    B. Yeung, 2013, Fast-mover advantages:
    Speed capabilities and entry into the
    emerging submarket of Atlantic basin
    LNG, Strategic Management Journal, 34:
    1531–1550; N. M. Jakopin & A. Klein, 2012,
    First-mover and incumbency advantages
    in mobile telecommunications, Journal of
    Business Research, 65: 362–370.

Free download pdf